Senator Hillary Clinton has requested nearly $2.3 billion in federal earmarks for the next fiscal year. That’s almost three times the largest amount received by a single senator during this current fiscal year. Earmarks are funding requests for those so-called pet projects that lawmakers usually award to their own constituency.
And while Clinton has asked for $750,000 for a Homeland Security grant program and another $125 million for an urban security initiative, it is not clear what exactly those grants would pay for.
Hillary Clinton is calling for a holiday on the 18.4-cent gasoline tax, and she says she’d make up the funding from that (which funds transportation infrastructure) by taxing oil company’s “windfall” profits.
But it’s worth pointing out that Clinton OPPOSED efforts to cut or repeal gas taxes during her 2000 Senate contest against Rick Lazio.
Senator Hillary Rodham Clinton and former President Bill Clinton released tax data Friday showing they earned $109 million over the last eight years, an ascent into the uppermost tier of American taxpayers that seemed unimaginable in 2001, when they left the White House with little money and facing millions in legal bills.
The bulk of their wealth has come from speaking and book-writing, which together account for almost $92 million, including a $15 million advance — larger than previously thought — from Mr. Clinton’s 2004 autobiography, “My Life.” The former president’s vigorous lecture schedule, where his speeches command upwards of $250,000, brought in almost $52 million.
During that time, the Clintons paid $33.8 million in federal taxes and claimed deductions for $10.2 million in charitable contributions. The contributions went to a family foundation run by the Clintons that has given away only about half of the money they put into it, and most of that was last year, after Mrs. Clinton declared her candidacy.
Former President Bill Clinton boasted recently on the campaign trail that his wife was the only presidential candidate helping to get healthcare costs under control. The Clintons claim that the presidential candidate’s proposed universal plan would cap health insurance premiums at 5 to 10 percent of Americans’ income.
Healthcare reform expert Gracie Marie Turner of the Galen Institute says although adding 47 million more people to the nation’s healthcare system is a laudable goal, the way Senator Clinton (D-New York) is proposing to achieve that objective will not bring down costs.
“The plan that she is proposing would first of all mandate that everyone have health insurance, and she — under pressure from Tim Russert — acknowledged that one of the ways to enforce that may be garnishing people’s wages and really forcing them to pay,” she warns. “But the policy that they would require is a very generous health insurance policy — in some ways, more generous than [the policy] members of Congress receive.”
Turner says the Clintons may be promising they would make sure no one pays more than ten percent of their income in health insurance premiums, but a lot of Americans are scratching their heads as to where that 10 percent would come from in the first place.
The healthcare reform expert also notes that the average price of a family policy offered through the workplace is $12,000 a year. So she argues that to afford that type of coverage under Clinton, one would have to make a yearly wage of $120,000.